Smart Grid Sensors: Smart Energy Meter Application Segment Anticipated to Exhibit High Attractiveness Index During 2017–2025

Source: Persistence Market Research   Increasing R&D expenditure is aiding the market growth of smart grid sensors in North America Advancement in measurement science and standards for smart grid technologies is resulting in increasing expenditure on research and development. These new methods and standards are being developed to enhance the potential of smart grid sensors. Demand for these grid sensors is increasing and thus, innovation in the technology for grids is necessary. This is one of the driving factors for the growth of the smart grid sensor market in the region. For instance, Emera Inc., which is a utility service company based in Canada, is investing US$ 6.2 million in

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E.ON prepares rollout of one million smart meters

Company is awarded certificate for smart meter operation, configuration and data processing Until the end of the planned rollout in 2027, E.ON will provide more than one million of its German customers with a smart meter and operate the metering systems. The company has now received the requisite certificate from the Federal Office for Information Security. It allows E.ON as a so-called gateway administrator to take care of smart meter operation, configuration and data processing. On this basis E.ON will be able to offer all IT services related to the installation and operation of smart meters not only to its own network operators but also to municipal utilities. “Setting up

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Unión Fenosa Distribución installs over 3 million smart energy meters in Spain, which is over 83% of the total

In terms of autonomous communities, the distributor has already installed over 1.2 million smart meters in Galicia, nearly one million in the Community of Madrid, 488,000 in Castile-La Mancha and 281,000 in Castile and Leon. Unión Fenosa Distribución, GAS NATURAL FENOSA’s electricity-distribution subsidiary, has installed over three million smart domestic meters or 83% of the equipment pool. Over 96% have already been effectively integrated into the remote-management system. In terms of autonomous communities, the distributor has already installed over 1.2 million smart meters in Galicia, nearly one million in the Community of Madrid, over 488,000 in Castile-La Mancha and 281,000 in Castile and León. The company has surpassed the 80%

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Smart Electricity Meters: Europe Emerges as Key Regional Market

Government regulation-fuelled rollout drives new growth opportunities, finds Frost & Sullivan’s Energy & Environment team Regulation-fuelled rollouts of smart electricity meters are driven by the potential to reduce non-technical losses for electricity utilities, improve billing accuracy, and effectively integrate renewable energy with smart meters. With these rollouts, Europe, the Middle East and Africa (EMEA) are emerging as key regional smart electricity meter markets ahead of North America, while Asia-Pacific will become the second-largest market in the next 10 years. “In a highly competitive and commoditised market with little product innovation, leading players such as Landis+Gyr, Itron, Wasion and Hexing are pursuing price differentiation strategies and offering a complete technology solution,”

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Smart Meters Market worth $18.2 Billion by 2019

The report “Smart Meters Market by Type (Smart Electric Meters, Smart Water Meters, Smart Gas Meters), by End User (Industrial & Commercial and Residential), & Region (Americas, Asia-Pacific, Europe & RoW) – Trends and Forecast to 2019”, defines and segments the global smart meters market with an analysis and forecast of the market size. The smart meters market is estimated to grow from an expected $11.1 billion in 2014 to $18.2 billion by 2019, at a CAGR of 10.2% from 2014 to 2019. The implementation of smart meters will be advantageous for governments trying to achieve the objectives of emission reductions, security of energy supply, reducing carbon footprint of the

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Iberdrola passes nine-million mark as regards number of smart meters installed in Spain

As part of the STAR project for installing state-of-the-art electricity grids   The company has already modernised 85% of its meter facilities with a total capacity under contract of 15 kW or less: some 10.5 million systems This initiative is being carried out by the company in 10 autonomous regions. It is due for completion in 2018 and the total investment will exceed €2 billion The volume of smart meters installed and connected means that Iberdrola is one of the most advanced companies in the world when it comes to the infrastructure needed for smart electricity grids. In early February, the number of smart meters installed by Iberdrola Distribución in

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Unión Fenosa Distribución tops 2.7 million remotely-managed smart energy meters and exceeds the regulatory target set for 2016

More than 75% of the energy meters in GAS NATURAL FENOSA’s electricity distribution system are remotely managed, exceeding the regulatory target of 70% set for this year. Unión Fenosa Distribución distributes electricity to 3.6 million domestic supply points in the Madrid Region, Galicia, Castile-Leon and Castile-La Mancha. Unión Fenosa Distribución, the electricity distribution subsidiary of GAS NATURAL FENOSA, now has more than 2.7 million domestic smart meters installed and integrated into the remote management system. This figure, which represents 75% of the company’s domestic meters, exceeds the target of 70% set by Royal Decree 1110/2007 and IET/290/2012, to be achieved before 31 December of this year. By autonomous region, Unión

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